GCMAsia - NZDUSD
NZDUSD
2018-06-07
| Resistance and Support | Level | Explanation |
| Resistance | 0.7040 | H1 |
| Support | 0.7010 | H1 |
NZDUSD, H1: NZDUSD was traded lower following prior retracement while currently testing at the upward trendline. MACD histogram which illustrate diminishing downward momentum suggests the pair to advance further upwards after closing above the resistance level at 0.7040.
Resistance level: 0.7040, 0.7060
Support level: 0.7010, 0.6980